Question
A, B and C can do a piece of work in 20 days, 30 days
and 60 days respectively. If A works daily and on every third day B and C also work with A, then in how many days, will the work be completed?Solution
1st day work by A = 3unit 2nd day work by A = 3unit 3rd day work by A+B+C=3+2+1 = 6unit Work done in 3 days is 3+3+6 = 12 unit Total time required to complete the work 3 x 5 = 12 × 5 15 days = 60unit In 15 days, the work will be completed.
According to section 10 of Indian Contract Act, 1872, which of the following is not regarded as the essential elements of a valid contract?
A project costs ₹1 crore and gives ₹40 lakh annually for 3 years. Find IRR (approximate) given PV factors: @10% = 2.4869, @20% = 2.106.
V Ltd. sells Customer C a water purifier and maintenance service for 2 years for a total consideration of Rs 20,000. As per IND AS 115, determine how m...
The term ‘ Previous year’ is defined under which section of Income Tax Act?
How many persons are required to form a One Person Company (OPC) under the Companies Act, 2013?
Sales book is kept to record:
Materiality concept in accounting implies:
Operating Margin can be numerically expressed in the form of following equation:-
Auditing begins where ______ ends.
Which of the following instrument is subject to counter party risk?